The company's purpose is to hold and manage participations in Switzerland and abroad and to manage the company's assets in general. The company is authorized to acquire, encumber, sell and manage real estate in Switzerland and abroad. The company may grant direct or indirect financing to its direct or indirect subsidiaries and third parties, including its direct or indirect shareholders and their direct or indirect subsidiaries, provide security of any kind for its own liabilities and those of other companies (including direct or indirect shareholders of the company or companies in which these shareholders are directly or indirectly involved), including by way of pledges or fiduciary transfers or assignments of the company's assets, or provide guarantees, provide security of any kind, including by way of pledges or fiduciary transfers or assignments of the company's assets, or provide guarantees, enter into suretyships or otherwise secure or guarantee the obligations of the company or these other companies, whether for consideration or not. Furthermore, it may engage in cash pooling with the aforementioned companies or join such a system, including periodic account balancing. All of this may be done by the company without consideration, on preferential terms, without interest, excluding the company's profit motive, and assuming cluster risks. In addition, the company may enter into any business and conclude any contracts that are suitable to promote the development of the company and the achievement of its purpose or that are directly or indirectly related thereto.
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